Yesterday (12 Aug 2015), Singapore stocks went quite south with the STI heading down by around 2.90%. I have not seen southing of this magnitude for quite some time. The cause for the performance of the Singapore stocks really has to do with the devaluation of the Chinese yuan which sent bourses across the bourse south as well. Noble Group stock went 11.4% south in line with the slide of the commodity prices too.The showing of Singapore stocks yesterday really illustrate how Singapore stocks are affected by the China market. Recall as I have always shared, the three global geographic market forces are the US, Europe and China. The performance of the Singapore stocks has really validated my switching to a “trading” approach rather than a “buying and holding” approach. The “buying and holding” approach, in my opinion works well during the 1990s when there are not …